Micron Technology Inc (MU) stock
MUNasdaqSemiconductors & Related DevicesFiscal year ends September 3
Financials through Q4 FY2026, quarter ended Sep 3, 2026Last filing: 10-K on Oct 9, 2026Score 25/3054% below fair value
$884.74−49.53 (-5.30%)
Close on Oct 30, 2026Market cap $999.22BP/E 11.9Yield 0.06%
Earnings
Micron Technology's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Next report
Dec 16, 2026
Q1 FY2027 · estimated, after the close
Revenue, Q4 FY2026
$54.23B
+379.1% on a year earlier
Non-GAAP diluted earnings per share, Q4 FY2026
$33.42
$3.03 a year earlier
Latest guidance
Issued
Sep 30, 2026 · 2 items
Quarterly results
Revenue and earnings per share from each of Micron Technology's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q1 FY2027ended Nov 27, 2026 | Dec 16, 2026Expected | – | – | – | – | – |
| Q4 FY2026ended Sep 3, 2026 | Sep 30, 2026after the close | $54.23B | +379.1% | $32.87 | $33.42 | Release |
| Q3 FY2026ended May 28, 2026 | Jun 24, 2026after the close | $41.46B | +345.8% | $24.67 | $25.11 | Release |
| Q2 FY2026ended Feb 26, 2026 | Mar 18, 2026after the close | $23.86B | +196.4% | $12.07 | $12.20 | Release |
| Q1 FY2026ended Nov 27, 2025 | Dec 17, 2025after the close | $13.64B | +56.6% | $4.60 | $4.78 | Release |
| Q4 FY2025ended Aug 28, 2025 | Sep 23, 2025after the close | $11.32B | +46.1% | $2.83 | $3.03 | Release |
| Q3 FY2025ended May 29, 2025 | Jun 25, 2025after the close | $9.30B | +36.6% | $1.68 | $1.91 | Release |
| Q2 FY2025ended Feb 27, 2025 | Mar 20, 2025after the close | $8.05B | +38.3% | $1.41 | $1.56 | Release |
| Q1 FY2025ended Nov 28, 2024 | Dec 18, 2024after the close | $8.71B | +84.1% | $1.67 | $1.79 | Release |
| Q4 FY2024ended Aug 29, 2024 | Sep 25, 2024after the close | $7.75B | +93.3% | $0.79 | $1.18 | Release |
| Q3 FY2024ended May 30, 2024 | Jun 26, 2024after the close | $6.81B | +81.6% | $0.30 | $0.62 | Release |
| Q2 FY2024ended Feb 29, 2024 | Mar 20, 2024after the close | $5.82B | +57.7% | $0.71 | $0.42 | Release |
| Q1 FY2024ended Nov 30, 2023 | Dec 20, 2023after the close | $4.73B | +15.6% | -$1.12 | -$0.95 | Release |
| Q4 FY2023ended Aug 31, 2023 | Sep 27, 2023after the close | $4.01B | -39.6% | -$1.31 | -$1.07 | Release |
| Q3 FY2023ended Jun 1, 2023 | Jun 28, 2023after the close | $3.75B | -56.6% | -$1.73 | -$1.43 | Release |
| Q2 FY2023ended Mar 2, 2023 | Mar 28, 2023after the close | $3.69B | -52.6% | -$2.12 | -$1.91 | Release |
| Q1 FY2023ended Dec 1, 2022 | Dec 21, 2022after the close | $4.09B | -46.8% | -$0.18 | -$0.04 | Release |
| Q4 FY2022ended Sep 1, 2022 | Sep 29, 2022after the close | $6.64B | – | $1.35 | $1.45 | Release |
| Q3 FY2022ended Jun 2, 2022 | Jun 30, 2022after the close | $8.64B | – | $2.34 | $2.59 | Release |
| Q2 FY2022ended Mar 3, 2022 | Mar 29, 2022after the close | $7.79B | – | $2.00 | $2.14 | Release |
| Q1 FY2022ended Dec 2, 2021 | Dec 20, 2021after the close | $7.69B | – | $2.04 | $2.16 | Release |
| Q4 FY2021ended Sep 2, 2021 | Sep 28, 2021after the close | – | – | – | – | Filing |
| Q3 FY2021ended Jun 3, 2021 | Jun 30, 2021after the close | – | – | – | – | Filing |
| Q2 FY2021ended Mar 4, 2021 | Mar 31, 2021after the close | – | – | – | – | Filing |
| Q1 FY2021ended Dec 3, 2020 | Jan 7, 2021after the close | – | – | – | – | Filing |
| Q4 FY2020ended Sep 3, 2020 | Sep 29, 2020after the close | – | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
Micron Technology's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| Gross marginGAAP | Q1 FY2027 | 85.95% | – | New | Sep 30, 2026 |
| Operating expensesGAAP | Q1 FY2027 | $2.31B | – | New | Sep 30, 2026 |
Guidance vs results
The last range Micron Technology gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| Q3 FY2026 | EPS (GAAP) | $18.50 – $19.30 | $24.67 | Above range |
| Q2 FY2026 | EPS (GAAP) | $7.99 – $8.39 | $12.07 | Above range |
| Q4 FY2025 | Diluted earnings per share | $2.50 | $3.03 | Above range |
| Q4 FY2025 | EPS (GAAP) | $2.29 | $2.83 | Above range |
| Q4 FY2025 | Revenue | $10.70B | $11.32B | Above range |
| Q3 FY2025 | EPS (GAAP) | $1.27 – $1.47 | $1.68 | Above range |
| Q2 FY2025 | EPS (GAAP) | $1.16 – $1.36 | $1.41 | Above range |
| Q1 FY2025 | Diluted earnings per share | $1.74 | $1.79 | Above range |
| Q1 FY2025 | EPS (GAAP) | $1.54 | $1.67 | Above range |
| Q1 FY2025 | Revenue | $8.70B | $8.71B | Above range |
| Q4 FY2024 | Diluted earnings per share | $1.08 | $1.18 | Above range |
| Q4 FY2024 | EPS (GAAP) | $0.61 | $0.79 | Above range |
| Q4 FY2024 | Revenue | $7.60B | $7.75B | Above range |
| Q3 FY2024 | Diluted earnings per share | $0.45 | $0.62 | Above range |
| Q3 FY2024 | EPS (GAAP) | $0.17 | $0.30 | Above range |
| Q3 FY2024 | Revenue | $6.60B | $6.81B | Above range |
| Q2 FY2024 | Diluted earnings (loss) per share | -$0.28 | $0.42 | Above range |
| Q2 FY2024 | EPS (GAAP) | -$0.45 | $0.71 | Above range |
| Q2 FY2024 | Revenue | $5.30B | $5.82B | Above range |
| Q1 FY2024 | Diluted earnings (loss) per share | -$1.07 | -$0.95 | Above range |
| Q1 FY2024 | EPS (GAAP) | -$1.24 | -$1.12 | Above range |
| Q1 FY2024 | Revenue | $4.40B | $4.73B | Above range |
| Q4 FY2023 | Diluted earnings (loss) per share | -$1.19 | -$1.07 | Above range |
| Q4 FY2023 | EPS (GAAP) | -$1.34 | -$1.31 | Above range |
| Q4 FY2023 | Revenue | $3.90B | $4.01B | Above range |
| Q3 FY2023 | Diluted earnings (loss) per share | -$1.58 | -$1.43 | Above range |
| Q3 FY2023 | EPS (GAAP) | -$1.79 | -$1.73 | Above range |
| Q3 FY2023 | Revenue | $3.70B | $3.75B | Above range |
| Q2 FY2023 | Diluted earnings (loss) per share | -$0.62 | -$1.91 | Below range |
| Q2 FY2023 | EPS (GAAP) | -$0.79 | -$2.12 | Below range |
| Q2 FY2023 | Revenue | $3.80B | $3.69B | Below range |
| Q1 FY2023 | Diluted earnings (loss) per share | $0.04 | -$0.04 | Below range |
| Q1 FY2023 | EPS (GAAP) | -$0.09 | -$0.18 | Below range |
| Q1 FY2023 | Revenue | $4.25B | $4.09B | Below range |
| Q4 FY2022 | Diluted earnings per share | $1.63 | $1.45 | Below range |
| Q4 FY2022 | EPS (GAAP) | $1.52 | $1.35 | Below range |
| Q4 FY2022 | Revenue | $7.20B | $6.64B | Below range |
| Q3 FY2022 | Diluted earnings per share | $2.46 | $2.59 | Above range |
| Q3 FY2022 | EPS (GAAP) | $2.33 | $2.34 | Above range |
| Q3 FY2022 | Revenue | $8.70B | $8.64B | Below range |
| Q2 FY2022 | Diluted earnings per share | $1.95 | $2.14 | Above range |
| Q2 FY2022 | EPS (GAAP) | $1.83 | $2.00 | Above range |
| Q2 FY2022 | Revenue | $7.50B | $7.79B | Above range |
Guidance history
Every forecast Micron Technology put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Sep 30, 2026 | Gross margin | Q1 FY2027 | 85.95% | New |
| Sep 30, 2026 | Operating expenses | Q1 FY2027 | $2.31B | New |
| Jun 24, 2026 | Gross margin | Q4 FY2026 | 86% | New |
| Jun 24, 2026 | Gross margin | Q4 FY2026 | 86% | New |
| Jun 24, 2026 | Operating expenses | Q4 FY2026 | $1.65B | New |
| Jun 24, 2026 | Operating expenses | Q4 FY2026 | $1.86B | New |
| Mar 18, 2026 | Diluted earnings per share | Q3 FY2026 | $18.50 – $19.30 | New |
| Mar 18, 2026 | Gross margin | Q3 FY2026 | 81% | New |
| Mar 18, 2026 | Gross margin | Q3 FY2026 | 81% | New |
| Mar 18, 2026 | Operating expenses | Q3 FY2026 | $1.40B | New |
| Mar 18, 2026 | Operating expenses | Q3 FY2026 | $1.60B | New |
| Dec 17, 2025 | Diluted earnings per share | Q2 FY2026 | $7.99 – $8.39 | New |
| Dec 17, 2025 | Operating expenses | Q2 FY2026 | $1.36B – $1.40B | New |
| Sep 23, 2025 | Gross margin | Q1 FY2026 | 50.5% | New |
| Sep 23, 2025 | Gross margin | Q1 FY2026 | 51.5% | New |
| Sep 23, 2025 | Operating expenses | Q1 FY2026 | $1.32B – $1.36B | New |
| Jun 25, 2025 | Diluted earnings per share | Q4 FY2025 | $2.50 | New |
| Jun 25, 2025 | Diluted earnings per share | Q4 FY2025 | $2.29 | New |
| Jun 25, 2025 | Gross margin | Q4 FY2025 | 41% | New |
| Jun 25, 2025 | Gross margin | Q4 FY2025 | 42% | New |
| Jun 25, 2025 | Operating expenses | Q4 FY2025 | $1.35B | New |
| Jun 25, 2025 | Operating expenses | Q4 FY2025 | $1.20B | New |
| Jun 25, 2025 | Revenue | Q4 FY2025 | $10.70B | New |
| Jun 25, 2025 | Revenue | Q4 FY2025 | $10.70B | New |
| Mar 20, 2025 | Diluted earnings per share | Q3 FY2025 | $1.27 – $1.47 | New |
| Mar 20, 2025 | Gross margin | Q3 FY2025 | 34.5% – 36.5% | New |
| Mar 20, 2025 | Operating expenses | Q3 FY2025 | $1.26B – $1.29B | New |
| Mar 20, 2025 | Operating expenses | Q3 FY2025 | $1.12B – $1.15B | New |
| Dec 18, 2024 | Diluted earnings per share | Q2 FY2025 | $1.16 – $1.36 | New |
| Dec 18, 2024 | Operating expenses | Q2 FY2025 | $1.23B – $1.26B | New |
| Sep 25, 2024 | Diluted earnings per share | Q1 FY2025 | $1.74 | New |
| Sep 25, 2024 | Diluted earnings per share | Q1 FY2025 | $1.54 | New |
| Sep 25, 2024 | Gross margin | Q1 FY2025 | 39.5% | New |
| Sep 25, 2024 | Gross margin | Q1 FY2025 | 38.5% | New |
| Sep 25, 2024 | Operating expenses | Q1 FY2025 | $1.21B | New |
| Sep 25, 2024 | Operating expenses | Q1 FY2025 | $1.09B | New |
| Sep 25, 2024 | Revenue | Q1 FY2025 | $8.70B | New |
| Sep 25, 2024 | Revenue | Q1 FY2025 | $8.70B | New |
| Jun 26, 2024 | Diluted earnings per share | Q4 FY2024 | $1.08 | New |
| Jun 26, 2024 | Diluted earnings per share | Q4 FY2024 | $0.61 | New |
| Jun 26, 2024 | Gross margin | Q4 FY2024 | 34.5% | New |
| Jun 26, 2024 | Gross margin | Q4 FY2024 | 33.5% | New |
| Jun 26, 2024 | Operating expenses | Q4 FY2024 | $1.19B | New |
| Jun 26, 2024 | Operating expenses | Q4 FY2024 | $1.06B | New |
| Jun 26, 2024 | Revenue | Q4 FY2024 | $7.60B | New |
| Jun 26, 2024 | Revenue | Q4 FY2024 | $7.60B | New |
| Mar 20, 2024 | Diluted earnings per share | Q3 FY2024 | $0.45 | New |
| Mar 20, 2024 | Diluted earnings per share | Q3 FY2024 | $0.17 | New |
| Mar 20, 2024 | Gross margin | Q3 FY2024 | 26.5% | New |
| Mar 20, 2024 | Gross margin | Q3 FY2024 | 25.5% | New |
| Mar 20, 2024 | Operating expenses | Q3 FY2024 | $990.00M | New |
| Mar 20, 2024 | Operating expenses | Q3 FY2024 | $1.11B | New |
| Mar 20, 2024 | Revenue | Q3 FY2024 | $6.60B | New |
| Mar 20, 2024 | Revenue | Q3 FY2024 | $6.60B | New |
| Dec 20, 2023 | Diluted earnings (loss) per share | Q2 FY2024 | -$0.28 | New |
| Dec 20, 2023 | Diluted earnings (loss) per share | Q2 FY2024 | -$0.45 | New |
| Dec 20, 2023 | Gross margin | Q2 FY2024 | 13% | New |
| Dec 20, 2023 | Gross margin | Q2 FY2024 | 12% | New |
| Dec 20, 2023 | Operating expenses | Q2 FY2024 | $950.00M | New |
| Dec 20, 2023 | Operating expenses | Q2 FY2024 | $1.07B | New |
| Dec 20, 2023 | Revenue | Q2 FY2024 | $5.30B | New |
| Dec 20, 2023 | Revenue | Q2 FY2024 | $5.30B | New |
| Sep 27, 2023 | Diluted earnings (loss) per share | Q1 FY2024 | -$1.07 | New |
| Sep 27, 2023 | Diluted earnings (loss) per share | Q1 FY2024 | -$1.24 | New |
| Sep 27, 2023 | Gross margin | Q1 FY2024 | -4% | New |
| Sep 27, 2023 | Gross margin | Q1 FY2024 | -6% | New |
| Sep 27, 2023 | Operating expenses | Q1 FY2024 | $900.00M | New |
| Sep 27, 2023 | Operating expenses | Q1 FY2024 | $1.01B | New |
| Sep 27, 2023 | Revenue | Q1 FY2024 | $4.40B | New |
| Sep 27, 2023 | Revenue | Q1 FY2024 | $4.40B | New |
| Jun 28, 2023 | Diluted earnings (loss) per share | Q4 FY2023 | -$1.19 | New |
| Jun 28, 2023 | Diluted earnings (loss) per share | Q4 FY2023 | -$1.34 | New |
| Jun 28, 2023 | Gross margin | Q4 FY2023 | -12.5% | New |
| Jun 28, 2023 | Gross margin | Q4 FY2023 | -10.5% | New |
| Jun 28, 2023 | Operating expenses | Q4 FY2023 | $845.00M | New |
| Jun 28, 2023 | Operating expenses | Q4 FY2023 | $946.00M | New |
| Jun 28, 2023 | Revenue | Q4 FY2023 | $3.90B | New |
| Jun 28, 2023 | Revenue | Q4 FY2023 | $3.90B | New |
| Mar 28, 2023 | Diluted earnings (loss) per share | Q3 FY2023 | -$1.58 | New |
| Mar 28, 2023 | Diluted earnings (loss) per share | Q3 FY2023 | -$1.79 | New |
| Mar 28, 2023 | Gross margin | Q3 FY2023 | -23% | New |
| Mar 28, 2023 | Gross margin | Q3 FY2023 | -21% | New |
| Mar 28, 2023 | Operating expenses | Q3 FY2023 | $900.00M | New |
| Mar 28, 2023 | Operating expenses | Q3 FY2023 | $1.07B | New |
| Mar 28, 2023 | Revenue | Q3 FY2023 | $3.70B | New |
| Mar 28, 2023 | Revenue | Q3 FY2023 | $3.70B | New |
| Dec 21, 2022 | Diluted earnings (loss) per share | Q2 FY2023 | -$0.62 | New |
| Dec 21, 2022 | Diluted earnings (loss) per share | Q2 FY2023 | -$0.79 | New |
| Dec 21, 2022 | Gross margin | Q2 FY2023 | 7.5% | New |
| Dec 21, 2022 | Gross margin | Q2 FY2023 | 8.5% | New |
| Dec 21, 2022 | Operating expenses | Q2 FY2023 | $945.00M | New |
| Dec 21, 2022 | Operating expenses | Q2 FY2023 | $1.08B | New |
| Dec 21, 2022 | Revenue | Q2 FY2023 | $3.80B | New |
| Dec 21, 2022 | Revenue | Q2 FY2023 | $3.80B | New |
| Sep 29, 2022 | Diluted earnings (loss) per share | Q1 FY2023 | $0.04 | New |
| Sep 29, 2022 | Diluted earnings (loss) per share | Q1 FY2023 | -$0.09 | New |
| Sep 29, 2022 | Gross margin | Q1 FY2023 | 25% | New |
| Sep 29, 2022 | Gross margin | Q1 FY2023 | 26% | New |
| Sep 29, 2022 | Operating expenses | Q1 FY2023 | $1.00B | New |
| Sep 29, 2022 | Operating expenses | Q1 FY2023 | $1.09B | New |
| Sep 29, 2022 | Revenue | Q1 FY2023 | $4.25B | New |
| Sep 29, 2022 | Revenue | Q1 FY2023 | $4.25B | New |
| Jun 30, 2022 | Diluted earnings per share | Q4 FY2022 | $1.63 | New |
| Jun 30, 2022 | Diluted earnings per share | Q4 FY2022 | $1.52 | New |
| Jun 30, 2022 | Gross margin | Q4 FY2022 | 41.5% | New |
| Jun 30, 2022 | Gross margin | Q4 FY2022 | 42.5% | New |
| Jun 30, 2022 | Operating expenses | Q4 FY2022 | $1.13B | New |
| Jun 30, 2022 | Operating expenses | Q4 FY2022 | $1.05B | New |
| Jun 30, 2022 | Revenue | Q4 FY2022 | $7.20B | New |
| Jun 30, 2022 | Revenue | Q4 FY2022 | $7.20B | New |
| Mar 29, 2022 | Diluted earnings per share | Q3 FY2022 | $2.46 | New |
| Mar 29, 2022 | Diluted earnings per share | Q3 FY2022 | $2.33 | New |
| Mar 29, 2022 | Gross margin | Q3 FY2022 | 47% | New |
| Mar 29, 2022 | Gross margin | Q3 FY2022 | 48% | New |
| Mar 29, 2022 | Operating expenses | Q3 FY2022 | $1.05B | New |
| Mar 29, 2022 | Operating expenses | Q3 FY2022 | $1.13B | New |
| Mar 29, 2022 | Revenue | Q3 FY2022 | $8.70B | New |
| Mar 29, 2022 | Revenue | Q3 FY2022 | $8.70B | New |
| Dec 20, 2021 | Diluted earnings per share | Q2 FY2022 | $1.95 | New |
| Dec 20, 2021 | Diluted earnings per share | Q2 FY2022 | $1.83 | New |
| Dec 20, 2021 | Gross margin | Q2 FY2022 | 46% | New |
| Dec 20, 2021 | Gross margin | Q2 FY2022 | 45% | New |
| Dec 20, 2021 | Operating expenses | Q2 FY2022 | $1.06B | New |
| Dec 20, 2021 | Operating expenses | Q2 FY2022 | $975.00M | New |
| Dec 20, 2021 | Revenue | Q2 FY2022 | $7.50B | New |
| Dec 20, 2021 | Revenue | Q2 FY2022 | $7.50B | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases Micron Technology filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- News
- News
- News
- Results
- Results
- Results
- Update
- Results
- News
- Results
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- Results
- Results